AutoWallis Nyrt., through its Hungarian subsidiary AW Distribution Kft., operates in Romania the import and distribution of SsangYong automobiles, as well as spare parts and accessories for the SsangYong brand.
NSN RO S.R.L. is a Romanian subsidiary of AutoWallis Caetano Zrt., a Hungarian company jointly controlled by the Hungarian group AutoWallis (50%) and the Portuguese group Salvador Caetano (50%).
The Salvador Caetano group, which operates in the automotive industry, has not carried out commercial activities in Romania.
“Following the analysis, the Competition Council found that this operation does not raise significant obstacles to effective competition on the Romanian market or on a substantial part of it and that there are no serious doubts regarding its compatibility with a normal competitive environment. The decision will be published on the website of the national competition authority, after the removal of confidential information,” the regulator said in a statement.